Mohammed Avez Email and Phone Number

Nostro Reconciliation: Ensuring that firm’s books are in line with the Agent Bank book. Funding of Accounts and Reporting to Treasury: Preparing Funding of Accounts and Reporting to the Treasury Department. If any Discrepancy or Overdrawn in the account the detailed investigation is done by contacting the respective teams [Market Operations/Payment, Lending, and Trade operations] in order to find the discrepancy or overdrawn reason for the accounts and the same is being reported to the Treasury Team.  Fund planning - based on the requirement and fund utilisation we used to advice Treasury team to maintain the fund if the funds are in excess or if the balance is in OD then the OD amount was charged to our cost centre. Hence fund planning was very important and critical role. Based on the amount overdrawn OD is charged to the concerned department by contacting to the agent for OD interest for that particular day. Reporting of Statement Closing Balances to the Business Units. Reconciliation involves manual matching of all items i.e. Ledgers and Statements. The Statements are flown from agent through MT940/950 and Ledgers are processed internally. Applying of all un-identified funds to the product lines (Internal Departments) which are unable to reconcile or that do not have the corresponding entries. un-identified funds that we are not able to assign to any of the particular dept’s are broadcasted to all the dept for the ownership claim. Based on the value of funds unclaimed funds the same will be returned to the agent bank after the complete investigations from our end (that includes confirmation from sanctions) Monitoring Auto match status and auto allocation status. Pulling reports of Ledger and Statement Volumes. Preparing EOD report and circulating to all the stakeholders Escalating the outstanding entries each day based on the ageing and value of the entry outstanding.